SIGA Technologies, Inc. (NASDAQ:SIGA) Stake Boosted by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC increased its position in shares of SIGA Technologies, Inc. (NASDAQ:SIGA) by 200.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,955 shares of the company’s stock after purchasing an additional 5,309 shares during the quarter. Tower Research Capital LLC TRC’s holdings in SIGA Technologies were worth $45,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp raised its stake in shares of SIGA Technologies by 1.1% during the third quarter. Bank of New York Mellon Corp now owns 282,824 shares of the company’s stock valued at $1,485,000 after purchasing an additional 3,030 shares in the last quarter. TRUE Private Wealth Advisors lifted its holdings in shares of SIGA Technologies by 9.7% during the 3rd quarter. TRUE Private Wealth Advisors now owns 59,389 shares of the company’s stock valued at $312,000 after buying an additional 5,275 shares during the last quarter. China Universal Asset Management Co. Ltd. lifted its holdings in shares of SIGA Technologies by 351.7% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 8,225 shares of the company’s stock valued at $46,000 after buying an additional 6,404 shares during the last quarter. Steward Partners Investment Solutions LLC acquired a new stake in SIGA Technologies in the 4th quarter worth approximately $58,000. Finally, Principal Financial Group Inc. lifted its holdings in SIGA Technologies by 29.6% in the 3rd quarter. Principal Financial Group Inc. now owns 46,968 shares of the company’s stock worth $247,000 after purchasing an additional 10,719 shares during the last quarter. 55.40% of the stock is currently owned by institutional investors.

SIGA Technologies Stock Up 1.3 %

NASDAQ SIGA traded up $0.12 during trading on Thursday, hitting $9.44. The company’s stock had a trading volume of 826,471 shares, compared to its average volume of 698,337. The firm has a 50 day moving average price of $7.65 and a 200 day moving average price of $6.10. The firm has a market cap of $671.37 million, a P/E ratio of 9.94 and a beta of 0.95. SIGA Technologies, Inc. has a 52 week low of $4.22 and a 52 week high of $10.00.

SIGA Technologies (NASDAQ:SIGA) last released its quarterly earnings data on Tuesday, March 12th. The company reported $1.01 earnings per share (EPS) for the quarter. The business had revenue of $116.48 million for the quarter. SIGA Technologies had a return on equity of 44.84% and a net margin of 48.65%. On average, equities analysts expect that SIGA Technologies, Inc. will post 1.22 earnings per share for the current year.

SIGA Technologies Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 11th. Stockholders of record on Tuesday, March 26th were issued a dividend of $0.60 per share. The ex-dividend date was Monday, March 25th. This is a boost from SIGA Technologies’s previous dividend of $0.45.

About SIGA Technologies

SIGA Technologies, Inc, a commercial-stage pharmaceutical company, focuses on the health security related markets in the United States. Its lead product is TPOXX, an oral formulation antiviral drug for the treatment of human smallpox disease caused by variola virus. The company was incorporated in 1995 and is headquartered in New York, New York.